More than 69 percent of IT leaders identify technical debt as a major threat to their companies’ ability to innovate, according to a new report from OutSystems.
In OutSysem’s latest report, “The Growing Threat of Technical Debt examines the cost of technical debt facing businesses across industries and geographies.
OutSystems CEO and Founder Paulo Rosado, said the combination of old code along with the new generation of mobile apps, stack applications, and SaaS sprawl are robbing organisations of resources, time, and the ability to innovate.
“This report proves that technical debt will continue to compound, and requires a new approach to move past it and innovate at a pace and scale for true competitive advantage.”